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Steve K.
This is probably wishful thinking, but the guru in Detroit has just come up
with a sell in the new intermediate term system he's working on. He's had
only 3 trades this year, all winners. We are just starting work on this,
trying to figure out how to trade it. Even though the number of winning
trades is outstanding, the draw downs are absolutely horrendous.
I'm thinking LEAPS, since they're longer term options, but I know nothing
about them.
After checking things out this weekend, we'll probably add to our positions
on Monday. In for a penny, in for a Pound, or whatever that expression is.
At least we started off light, giving us the opportunity to jump in with
more.
I'll e-mail you a spreadsheet with the trade dates for our current system as
well as this new one we're experimenting with. Let's compare dates again to
see if we can see anything there. One possibility is to execute when we're
both in agreement. Anyway, I'll get it off to you Monday.
Just gives me another thing to work on. :)
Guy
Paranoia...you only have to be right once to make it all worthwhile!
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